JUMO joins Google Launchpad Studio to accelerate adoption of AI & ML for financial...

JUMO, a fintech platform connecting underserved markets with financial services has been selected for Google’s Launchpad Studio in a move that will...

Pesapal Sabi integrates Samsung Pay, Apple Pay, Google Pay & Fitbit Pay in new...

​Pesapal has integrated Samsung Pay, Apple Pay, FitBit Pay and Google Pay payments on its new tap-and-go, contact-less Sabi M010 terminals in...

African startups invited to apply for Inclusive Fintech 50 competition

African startups have been invited to apply for the Inclusive Fintech 50 competition organized by MetLife Foundation and Visa Inc., in collaboration...

OyaPay releases new version, adds “Order Ahead” feature

OyaPay, an offline payment and checkout company, which lets users pay merchants with their smartphone by scanning a QR code, has released a timely...

Cellulant Raises $47.5 Million Series C From The Rise Fund to Expand its Digital...

Cellulant, a digital payments provider that reaches 40 million people across 11 African countries has sold a $47.5m stake to the Rise Fund, an...

Singapore’s alternative credit scoring startup CredoLab raises US$1 million to expand into Africa

  Singapore's CredoLab, a mobile-based alternative credit scoring solutions for banks, consumer finance companies, and retailers has raised US$1 million equity round from Walden International to expand internationally. According...

Connecticut Innovations Launches VentureClash, a $5 Million Global Challenge for Lagos Startups

Connecticut Innovations, a U.S. investor in early-stage technology companies has launched VentureClash, its global venture challenge in Nigeria targeting disruptive startups in digital health, fintech,...

We Are Creating a Hybrid Financial Infrastructure That Is Equally Accessible and Efficient-Elizabeth Rossiello,...

Being ambitious is great. However, making that ambition a reality is one of the biggest challenges many people are currently facing. This is not...

Stay financially woke: A review of Cowrywise new savings app

Cowrywise is a platform (now includes an app) that allows you to save automatically, right from your bank account. They are a real testament...

Pawame named semi-finalist for M.I.Ts Innovate for Refugees Competition

Off-grid solar company Pawame has been selected as a semi-finalist for the Innovate for Refugees Competition organized by the MIT Enterprise Forum - Pan-Arab...

Prudential Financial invests $1.5million in the emerging market-focused LeapFrog Talent Accelerator

Talent development is the single greatest challenge most firms in emerging markets face. To help solve these problems, LeapFrog Investments has launched the LeapFrog Talent...

Direct Pay Online Group acquires Setcom, its fourth acquisition in Southern Africa

Direct Pay Online Group (DPO) has mastered the fasted way of growth acquiring already exisiting companies with customers instead of going for the customers...

Peer-to-peer lending platform Pezesha launches instant SMS loans capability for non-smartphone borrowers

Kenya's peer-to-peer lending platform Pezesha has unveiled a new feature allowing borrowers to apply for loans via SMS. The firm said the feature will require borrowers...

What is the greatest challenge of the African FinTech Sector?

When I interview founders that have launched a startup in the FinTech sector, I am always eager to know what they view as the...

Big Data, the catalyst of Innovation and Success

Big Data as one of the most important digital trends is changing the business environment. Business entities no longer have to undergo the struggle...

Zazu raises £200,000 through crowdfunding platform Seedrs to launch a digital-only bank in Africa

Zazu, which began at the Ignite Accelerator as an e-commerce platform for farmers has raised over £200,000 for a 7.51% equity at a pre-money valuation of £2.5m to...

SolarNow raises $6m in debt financing from SunFunder, responsAbility and Oikocredit to expand its reach

  SolarNow has received a $6 million facility lead by SunFunder with the participation of  responsAbility Investments AG and Oikocredit to expand their pay-as-you-go or solar lease offerings to reach more...

DFS Lab calls for applications for its third fintech bootcamp holding in Tanzania

DFS Lab, a fintech accelerator funded by the Bill and Melinda Gates Foundation is accepting applications for their third fintech bootcamp, which will be...

Meet telecommunications Expert and an emerging women leader Topy Muga,

Financial inclusion and telecommunications expert Topy Muga is one of the TechWomen emerging women leaders in Africa. In fact, The techie is actually a...

Jumia to give online loans to its vendors across Africa to bolster its inventory

Rocket Internet-backed Jumia has launched an online lending programme for its merchants in Kenya, Nigeria, Egypt, Morocco and Ivory Coast helping them borrow loans...

Peer-to-peer marketplace Pezesha to participate at the Blackbox Connect 20 in Silicon Valley

Kenya's Pezesha.com a peer-to-peer micro-lending marketplace for Africa has been selected to participate at the upcoming Blackbox Connect 20 accelerator programme, a two-week residential...

Oolu raises ​​​​$3.2​​m Series A round from Persistent​​ Energy ​​Capital​​ & ​​Y ​​Combinator to...

Y Combinator start-up Oolu​, an off-grid solar companies in Senegal has raised $3.2m led by ​Persistent Energy Capital (PEC), and was joined by ​Y...

How to find Investors for your Startup

    Africa has experienced a rampant rise of inventions and startups that have gone a long way from the minds of inventors to disrupting the...

DumaPay adds mVisa, simplifies online payments using Email Pay to take on Mula

Direct pay Online Group has revamped its little known payments app Dumapay pairing the card reader and the merchants’ phone using Bluetooth to help...

WorldRemit partners Morocco’s Wafacash to expand instant money transfers across Africa

Digital money transfer firm WorldRemit has partnered with Morocco-based financial services firm Wafacash to scale up instant money transfers across West and Central Africa. The...

This insurance policy covers systems outage in the Internet of Things era

With the advent of Internet of Things, data is one of the most important assets in the world yet its not covered by standard...

Airtel Money launches M-Fanisi, a savings & loan facility to take on M-Shwari &...

  Kenya's Maisha Microfinance Bank has partnered with Airtel Money to launch M-Fanisi – a savings and loan mobile money solution targeted at Airtel Money...

Branch confirms its $2m funding & officially launches in Nigeria

Mobile financial services firm Branch has confirmed it raised KSh200m through a commercial paper arranged by Kenya's Nabo Capital as TechMoran had earlier reported. The...

Tunisian online finance news startup Ilboursa.com raises $400,000 to expand to Kenya & Nigeria

Tunisian online finance news startup Ilboursa.com has raised $400,000 to expand to its news offerings in the MENA region and eventually expand to Kenya &...

Insurance comparison site Afrinsure.com wants to increase penetration of insurance products in Kenya

Afrinsure is a new online insurance insurance comparison site and marketplace in Kenya promising its users a huge inventory of insurance covers to...